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Topic: Next generation money (Read 16593 times)

newbie
Activity: 83
Merit: 0
February 09, 2018, 08:21:43 PM
Maybe for now people prefer to use the legal currency, because it's real and controlled value.
and for crypto currency I think the period can not yet, because its currency is out of control, and risky.
But if this crypto currency exists the regulatory system that controls this can be a legitimate money for the future and acceptable to all levels of society.
full member
Activity: 812
Merit: 105
December 08, 2017, 03:46:11 PM
I think bitcoin or crypto currency will be the currency in the future, because crypto currency has a lot to many people. the benefits we get from crypto currency is that we can invest, trade, and crypto money has a price that often rises because more and more people are using it.
sr. member
Activity: 460
Merit: 254
December 08, 2017, 03:34:11 PM
Yes, I believe it definitely did. Prior to its presence, many people only rely on fiat money. These days, most are curious and interested to take the bitcoin industry by storm. It's really a revolutionized currency.
Everything being new for the first time and if all the people will use the fiat money and they will not even try the new and the revolutionized things then how the new inventions will come into being?? How bitcoin will grow and how it will be famous. Not all the time but some time if they will use the bitcoin instead of fiat money they will be able to earn high profit and will save money as well it is easier to use than the fiat.
full member
Activity: 382
Merit: 109
December 07, 2017, 02:07:12 PM
Yes, I believe it definitely did. Prior to its presence, many people only rely on fiat money. These days, most are curious and interested to take the bitcoin industry by storm. It's really a revolutionized currency.

Yeah is next generation digital currency. So it will use for all process. But it will not affect other currency. You will change the bitcoin any time and easy to save. You can change the bitcoin any country currency. So it helpful for the future generation. It will give more opportunity for the future investment and improve business process. It any where to use. You will learn more information from bitcoin. 

Yes.Many had accept this point now.Bitcoin crossed the value of 16600$,what a change in price.This make the bitcoin even stronger to become a world currency.Bitcoin will be the Next generation currency.
sr. member
Activity: 910
Merit: 260
December 07, 2017, 12:51:32 PM
Yes, I believe it definitely did. Prior to its presence, many people only rely on fiat money. These days, most are curious and interested to take the bitcoin industry by storm. It's really a revolutionized currency.

Yeah is next generation digital currency. So it will use for all process. But it will not affect other currency. You will change the bitcoin any time and easy to save. You can change the bitcoin any country currency. So it helpful for the future generation. It will give more opportunity for the future investment and improve business process. It any where to use. You will learn more information from bitcoin. 
newbie
Activity: 4
Merit: 0
December 07, 2017, 11:46:45 AM
Yes, I believe it definitely did. Prior to its presence, many people only rely on fiat money. These days, most are curious and interested to take the bitcoin industry by storm. It's really a revolutionized currency.
legendary
Activity: 3430
Merit: 1280
English ⬄ Russian Translation Services
December 02, 2017, 07:08:25 AM
I think Bitcoin doesn't fit the term money, it fits the term asset.
Bitcoin technology (blockchain) is a revolutionary technology that will disrupt any other technology. We will wait and see blockchain technology being used by big company in a couple of years. Meanwhile, people will recognize Bitcoin every time blockchain is mentioned in this case I'm sure Bitcoin will appreciate even more.

Why does Bitcoin not fit the term money?

Could you expand more on that? Even so, what is your understanding of the concept of money then? As I always say in such cases, money is what money does, and if Bitcoin is used as money (i.e. a means of payment), it is money, as simple as it gets. You certainly know that thing about the proverbial duck. Anyway, money, i.e. a specific currency, say, the US dollar, can be used as an asset too. Basically, an asset, in a financial sense, is anything that you can earn money with. So yes, you can earn money using money, for example, by trading one currency for another. Blockchain, and the blockchain technology in particular, is a different beast, though, not relevant to the matter discussed here unless it is used as a transaction vehicle for a cryptocurrency, of course
hero member
Activity: 1305
Merit: 511
December 02, 2017, 04:02:14 AM
I think Bitcoin doesn't fit the term money, it fits the term asset.
Bitcoin technology (blockchain) is a revolutionary technology that will disrupt any other technology. We will wait and see blockchain technology being used by big company in a couple of years. Meanwhile, people will recognize Bitcoin every time blockchain is mentioned in this case I'm sure Bitcoin will appreciate even more.

Bitcoin is not only  the asset and it's a money.You can convert your bitcoin into any of FIAT.It may be dollar, Euro or anything else. Asset only give you certain percentage of profit. But bitcoin gives you double or triple of money you inversed.Not any assets give you this much profit.
full member
Activity: 373
Merit: 100
December 02, 2017, 03:31:26 AM
I think Bitcoin doesn't fit the term money, it fits the term asset.
Bitcoin technology (blockchain) is a revolutionary technology that will disrupt any other technology. We will wait and see blockchain technology being used by big company in a couple of years. Meanwhile, people will recognize Bitcoin every time blockchain is mentioned in this case I'm sure Bitcoin will appreciate even more.

Yes its not fit for the term money, Its fit for investment but I guess its also a money wherein we can buy something but the difference of this to a real money is, it is from the internet, the money of bitcoin is came from the internet were we can use it if our financial income is not enough. Bitcoin is a good help for us, and everybody appreciated this because also them experience how good is bitcoin on helping other people. Yes it will disrupt any other technologies but Bitcoin has its own purpose in doing this. Bitcoin is for the new generation because right now technology is really popular and bitcoin right now is continue on increasing thats why I say it is really helpful.
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
December 02, 2017, 02:53:15 AM
I think Bitcoin doesn't fit the term money, it fits the term asset.
Bitcoin technology (blockchain) is a revolutionary technology that will disrupt any other technology. We will wait and see blockchain technology being used by big company in a couple of years. Meanwhile, people will recognize Bitcoin every time blockchain is mentioned in this case I'm sure Bitcoin will appreciate even more.
I agree to that. The bitcoin is more on an investment that can give passive income rather than being a money that you can use for daily basis transactions. Bitcoin is just giving an idea to the people to use a digital currencies but it will not become the next generation's money because the idea of digital currency will just become the key for the government to provide a more advanced kind of money that will fits everyone needs.
sr. member
Activity: 322
Merit: 253
December 01, 2017, 11:51:49 PM
I think Bitcoin doesn't fit the term money, it fits the term asset.
Bitcoin technology (blockchain) is a revolutionary technology that will disrupt any other technology. We will wait and see blockchain technology being used by big company in a couple of years. Meanwhile, people will recognize Bitcoin every time blockchain is mentioned in this case I'm sure Bitcoin will appreciate even more.
full member
Activity: 518
Merit: 103
December 01, 2017, 11:48:48 PM
Bitcoin is the future of money, in the coming years, i see that the next generation will be using digital currency and bitcoin will be dominant, since today's governing bodies are all in the baby boomer generation, their ideology is still in the old times, however the generations next to the baby boomers are more inclined to the technology of bitcoin and accepts bitcoin more.
sr. member
Activity: 602
Merit: 252
December 01, 2017, 01:07:04 PM
there is a high probability that bitcoin will become the international currency and the currency of the future...therefore there is a sense to prepare fo this
It hasn't reached such a popularity. But with the ongoing adoption rate, expect the same to happen making it more popular and gain importance similar to the traditional currency that we use around the globe. Already bitcoin is termed to be international currency with the conversion availability. So, surely next generation will go completely on digital currency.
hero member
Activity: 812
Merit: 500
December 01, 2017, 12:57:43 PM
there is a high probability that bitcoin will become the international currency and the currency of the future...therefore there is a sense to prepare fo this
full member
Activity: 344
Merit: 105
November 30, 2017, 11:29:02 AM
The total majority of Bitcoin holders think of their favorite toy as the next step in the evolution of money (less so for active users). I don't deny the technological innovation in respect to the blockchain and the decentralized nature of how new money is created through mining. With that said, I still don't think that Bitcoin did actually revolutionize the concept of money itself. Gold as money existed long before fiat, and it was "created" in a decentralized way too, so nothing particularly new here as well...

I have an idea what could be an entirely new form of money (actually, it is not my idea), but first I would like to hear from you, guys (and gals), what you think about the truly new money that is yet to be invented or implemented

Yeah bitcoin is the next genaration money, but but as of now Bitcoin can hardly be called a good money since its creation is as centralized as any of fiats. There a lot of problem should be fixed and improved when we want bitcoin to become a real currency,
full member
Activity: 798
Merit: 104
November 30, 2017, 03:50:12 AM

It's fascinating to acquire these much information about BTC that's usually blocked from the public. Bitcoin could really be the next generation money, and it won't be long now.


Next generation of money would be digital money or else it remain to paper money. That’s what I think because the government of every country are undecided to bring the digital money into a national currency. The acceptance of national government is the key to were the digital money is working unlike to other country like Japan is having their support with  bitcoin being second national currency.
newbie
Activity: 11
Merit: 0
November 29, 2017, 11:31:20 PM

It's fascinating to acquire these much information about BTC that's usually blocked from the public. Bitcoin could really be the next generation money, and it won't be long now.
hero member
Activity: 686
Merit: 510
November 29, 2017, 06:41:09 PM
The total majority of Bitcoin holders think of their favorite toy as the next step in the evolution of money (less so for active users). I don't deny the technological innovation in respect to the blockchain and the decentralized nature of how new money is created through mining. With that said, I still don't think that Bitcoin did actually revolutionize the concept of money itself. Gold as money existed long before fiat, and it was "created" in a decentralized way too, so nothing particularly new here as well...

I have an idea what could be an entirely new form of money (actually, it is not my idea), but first I would like to hear from you, guys (and gals), what you think about the truly new money that is yet to be invented or implemented
Bitcoin will set as next generation money and all crypto community believe that it will be the next international currency that will beat US dollar. Many of us will convert bitcoin from their local currency because they want to get/earn money in form of bitcoin but technically it is definitely true that is why I am here, bitcoin enlighten my mind.
member
Activity: 350
Merit: 10
WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
November 28, 2017, 02:46:28 PM
I see only one global innovation, which brought cryptocurrencies - the opportunity to earn them (mining).
Otherwise, there are not many differences from conventional electronic payment systems.
jr. member
Activity: 294
Merit: 1
November 28, 2017, 02:17:04 PM
Bitcoin Is  the Nxt Generation Money .All Those Decentralized Money Is NXt Generation Money.Bitcoin Money Is safe Money.No One  wants to carry Cash Money So that Cryptocurrency Is provide A lot Of Facilities For Us.
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